NOURIEL ROUBINI BLOG tracks the media appearances of Dr Nouriel Roubini his interviews articles debates books news speeches conferences blogs etc..Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Thursday, March 12, 2015
Stock Market Rally, Asset Bubbles & Crash
“For the next year or so, as long as the economy grows 1.5-2 percent, and you have easy money, this market can go higher. Growth is slow. Earnings growth is also slowing down. Top line and bottom line are not as good as they used to be, but margins are high. They could correct, somehow, over time. This might lead to a generalized credit and equity and asset bubble in the next year or two, followed by a crash.”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Wednesday, March 11, 2015
Roubini: Robust US Growth, Bumpy Landing for China, and No Grexit
Roubini: Robust US Growth, Bumpy Landing for China, and No Grexit
By Usman Hayat, CFA
The United States is showing robust growth, China will have a bumpy landing, the oil price decline is a net positive for the global economy, and a Greek exit (Grexit) from the euro monetary block is unlikely, said distinguished economist Nouriel Roubini while delivering the closing keynote address at the 2015 CFA Institute Middle East Investment Conference in Kuwait City. In his characteristically enthusiastic style, and without using any slides or notes, Roubini gave a comprehensive review of the global economic outlook to an attentive audience of investment professionals. Here are the highlights.
read more @ http://meic.cfainstitute.org/2015/02/17/roubini-robust-u-s-growth-bumpy-landing-for-china-and-no-grexit
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
By Usman Hayat, CFA
The United States is showing robust growth, China will have a bumpy landing, the oil price decline is a net positive for the global economy, and a Greek exit (Grexit) from the euro monetary block is unlikely, said distinguished economist Nouriel Roubini while delivering the closing keynote address at the 2015 CFA Institute Middle East Investment Conference in Kuwait City. In his characteristically enthusiastic style, and without using any slides or notes, Roubini gave a comprehensive review of the global economic outlook to an attentive audience of investment professionals. Here are the highlights.
read more @ http://meic.cfainstitute.org/2015/02/17/roubini-robust-u-s-growth-bumpy-landing-for-china-and-no-grexit
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Tuesday, March 10, 2015
The Mother of All Bubbles by 2017
"The dilemma facing the Fed, Roubini contends, is that if it tightens monetary policy too late, it could lead to 'the mother of all bubbles' by 2017. And if the Fed tightens too soon, it could cause a hard landing of the real economy." - via Newsmax
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Monday, March 9, 2015
Nouriel Roubini pictured with Fans
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| Nouriel Roubini with Fans |
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Sunday, March 8, 2015
Gold Is Solely A Play On Capital Appreciation
"Unlike other assets, gold does not provide any income. Whereas equities have dividends, bonds have coupons, and homes provide rents, gold is solely a play on capital appreciation. Now that the global economy is recovering, other assets – equities or even revived real estate – thus provide higher returns." - in A World Of Ideas
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Saturday, March 7, 2015
Roubini Optimistic about Dubai
“Dubai at the moment has good prospects. There has been a recovery in the real estate sector. The lifestyle here is less restrictive than in other countries in the region, and there is safety and security. In the longer term, Dubai can be an important financial centre and a key economy of the region. Sometimes you make mistakes, but if you manage growth more cautiously and manage diversification properly, I’m optimistic about Dubai,”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Friday, March 6, 2015
Roubini : Immigration is a Zero-Sum Game
Nouriel Roubini : "Immigration is a zero-sum game. If we're getting China and India's brightest that means those countries are losing them"
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Thursday, March 5, 2015
Latin American Markets did not adjust to The Commodities Price Change
"Most of the economies in Latin America were not ready to adjust to this change in commodity prices." Nouriel Roubini, Chairman of Roubini Global Economics said at Credit Suisse's recent Latin American Investment Conference in Sao Paulo, GDP growth in Latin America has fallen steadily, from 6.3 in 2010 to 1.2 percent in 2014. The World Bank's statistical models predict that if Chinese GDP growth drops 1 percentage point over the course of two years, Latin American output would shrink by 0.6 percentage point as a result
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Wednesday, March 4, 2015
US Banks Are Even-Bigger-To-Fail
"Five years after Lehman's collapse US banks are even-bigger-to-fail given consolidation: J.P. Morgan taking over Bear Stearns, Bank of America taking Countrywide & Merrill Lynch, Wells Fargo taking Wachovia." - in Twitter
Related stocks: Bank of America (BAC), J.P. Morgan (JPM), Wells Fargo (WFC)
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Tuesday, March 3, 2015
The Negative Way to Growth? by Nouriel Roubini
The Negative Way to Growth? by Nouriel Roubini - Project Syndicate
Monetary policy has become increasingly unconventional in the last six years, with central banks implementing zero-interest-rate policies, quantitative easing, credit easing, forward guidance, and unlimited exchange-rate intervention. But now we have come to the most unconventional policy tool of them all: negative nominal interest rates.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Monetary policy has become increasingly unconventional in the last six years, with central banks implementing zero-interest-rate policies, quantitative easing, credit easing, forward guidance, and unlimited exchange-rate intervention. But now we have come to the most unconventional policy tool of them all: negative nominal interest rates.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Monday, March 2, 2015
Why negative interest rates could become the new normal
One still might think that it makes sense to hold cash directly, rather
than holding an asset with a negative return. But holding cash can be
risky, as Greek savers have learned
Monetary policy has become increasingly unconventional in the last six years, with central banks implementing zero-interest-rate policies, quantitative easing, credit easing, forward guidance, and unlimited exchange-rate intervention. But now we have come to the most unconventional policy tool of them all: negative nominal interest rates.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Monetary policy has become increasingly unconventional in the last six years, with central banks implementing zero-interest-rate policies, quantitative easing, credit easing, forward guidance, and unlimited exchange-rate intervention. But now we have come to the most unconventional policy tool of them all: negative nominal interest rates.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Sunday, March 1, 2015
Boom Bubbles and Busts are normal part of Markets
What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Saturday, February 28, 2015
Roubini on The Financial Armageddon
Nouriel Roubini : If you worry about Financial Armageddon, it is indeed metaphorically the time to stock your bunker with guns, ammunition, canned food and gold bars.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Friday, February 27, 2015
Emerging Economies at Risk of Rising Inflation
Fed has increased the pace of its QE tapering, structural reforms are not likely until after elections; and incumbent governments have been similarly wary of the growth-depressing effects of tightening fiscal, monetary, and credit policies.
Indeed, the failure of many emerging-market governments to tighten macroeconomic policy sufficiently has led to another round of currency depreciation, which risks feeding into higher inflation and jeopardizing these countries ability to finance twin fiscal and external deficits. Chinese growth is unlikely to accelerate and lift commodity prices;
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Wednesday, February 25, 2015
Roubini Warning : Emerging Economies at Risk of Rising Inflation
Fed has increased the pace of its QE tapering, structural reforms are not likely until after elections; and incumbent governments have been similarly wary of the growth-depressing effects of tightening fiscal, monetary, and credit policies.
Indeed, the failure of many emerging-market governments to tighten macroeconomic policy sufficiently has led to another round of currency depreciation, which risks feeding into higher inflation and jeopardizing these countries ability to finance twin fiscal and external deficits. Chinese growth is unlikely to accelerate and lift commodity prices
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Q&A with Sheryl King, Roubini Senior Research Director
Senior Research Director Sheryl King discusses our views on the oil shock and the challenges facing central banks.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Tuesday, February 24, 2015
US Banks Are Even Bigger To Fail
"Five years after Lehman's collapse US banks are even-bigger-to-fail given consolidation: J.P. Morgan taking over Bear Stearns, Bank of America taking Countrywide & Merrill Lynch, Wells Fargo taking Wachovia." - in Twitter
Related stocks: Bank of America (BAC), J.P. Morgan (JPM), Wells Fargo (WFC)
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Monday, February 23, 2015
This is Why Karl Marx Was Right
The problem is not new. Karl Marx oversold socialism, but he was right in claiming that globalization, unfettered financial capitalism, and redistribution of income and wealth from labor to capital could lead capitalism to self-destruct. As he argued, unregulated capitalism can lead to regular bouts of over-capacity, under-consumption, and the recurrence of destructive financial crises, fueled by credit bubbles and asset-price booms and busts.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Sunday, February 22, 2015
Roubini Expects a Gradual Rise in Oil Prices
Bloomberg's Isaac Arnsdorf reports on the impact of low oil prices on shale oil producers. Roubini Global Economics Chairman Nouriel Roubini also s...
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Saturday, February 21, 2015
Roubini quote on Bubbles in The Market
Having spent 10 years
studying emerging markets, I know that you have patterns repeated over
and over again. A bubble is like a fire which needs oxygen to
continue... when you see there is no oxygen, things change.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Friday, February 20, 2015
Q&A with Sheryl King, Roubini Senior Research Director
Senior Research Director Sheryl King discusses our views on the oil shock and the challenges facing central banks.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Thursday, February 19, 2015
Gold Price Prediction Interview Soros, Nouriel Roubini and Jeffrey Sachs СNN
Gold Price Prediction Interview Soros, Nouriel Roubini and Jeffrey Sachs СNN
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Wednesday, February 18, 2015
The Risk of Contagion in the Euro Zone is serious
"The risk of contagion in the euro zone is serious." said Nouriel Roubini on the effect of Greece euro exit in his speech at Middle East Investment Conference 2015 in Kuwait
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Tuesday, February 17, 2015
Roubini Economy, US Dollar, Interest Rates & Gold Prediction 2015
Economist Nouriel Roubini has some interesting views on the US economy, dollar, interest rates and gold for 2015. Do you agree with his predictions?
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Monday, February 16, 2015
Roubini Warns about The Art Market Bubble
There is a lack of a fundamental pricing model for art. This lack of a fundamental pricing model means that art is subject to fads, fashions, manias—and potentially bubbles. (Markets sometimes run into major challenges even when assets have fundamental pricing models—let alone without them.)
In a report the head of Roubini Global Economics sent to clients says CNBC
Is the art market now in a bubble? Is the bubble about to burst? These questions are now being raised about the art market. As I mentioned earlier, the fact that art trades in a way that cannot be reduced to a fundamental valuation makes answering these questions more complicated. Despite this uncertainty, there are those who say, "This time is different." Those who believe that often cite the rising forces of globalization, which are now enriching a whole new class of wealthy individuals, whom they believe are going to demand art both for its aesthetic value and for investment purposes.
However, it's worth mentioning that we've had booms and busts in the art world in the past. There was a major bust in the early 1990s. In the late 1980s there were a group of star artists whose stars ultimately dimmed, and the value of their art fell sharply. In the end, there are always fads. Everyone wants to own the work of the latest 'It' artist. In art, like in everything else, everyone wants the new shiny thing.
He added
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Sunday, February 15, 2015
Finance Dr. Doom Roubini: How I'd Invest $1,000 Right Now
Economist Nouriel Roubini, cofounder of Roubini Global Ecomonics, explains how he would invest $1000 in the current climate,
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Saturday, February 14, 2015
Roubini - Cultivating Intellectual Flexibility
Professor Nouriel Roubini explains what you need to know in order to prepare for an interdependent, more connected world.
Nouriel Roubini Co-Founder and Chairman, RGE New York, NY Nouriel Roubini is a Professor of Economics and International Business at New York University Stern School of Business. He is also the cofounder and chairman of Roubini Global Economics, an independent, global macroeconomic and market strategy research firm. Professor Roubini has extensive policy experience in addition to his broad academic credentials. From 1998 to 2000, he served as the senior economist for international affairs on the White House Council of Economic Advisors and then the senior advisor to the undersecretary for international affairs at the U.S. Treasury Department, helping to resolve the Asian and global financial crises, among other issues. The International Monetary Fund, the World Bank and numerous other prominent public and private institutions have drawn upon his consulting expertise.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini Co-Founder and Chairman, RGE New York, NY Nouriel Roubini is a Professor of Economics and International Business at New York University Stern School of Business. He is also the cofounder and chairman of Roubini Global Economics, an independent, global macroeconomic and market strategy research firm. Professor Roubini has extensive policy experience in addition to his broad academic credentials. From 1998 to 2000, he served as the senior economist for international affairs on the White House Council of Economic Advisors and then the senior advisor to the undersecretary for international affairs at the U.S. Treasury Department, helping to resolve the Asian and global financial crises, among other issues. The International Monetary Fund, the World Bank and numerous other prominent public and private institutions have drawn upon his consulting expertise.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Friday, February 13, 2015
Nouriel Roubini | An unconventional truth
Who would have thought that six years after the global financial crisis, most advanced economies would still be swimming in an alphabet soup—ZIRP, QE, CE, FG, NDR, and U-FX Int—of unconventional monetary policies? No central bank had considered any of these measures (zero interest rate policy, quantitative easing, credit easing, forward guidance, negative deposit rate, and … (continue reading)
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Thursday, February 12, 2015
The Euro will fall to parity with The US Dollar
Euro will fall to be in parity with The US Dollar said Nouriel Roubini in his speech at Middle East Investment Conference 2015 in Kuwait
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Wednesday, February 11, 2015
Roubini : Kuwait, as other Gulf economies, needs to diversify away from oil
Nouriel Roubini : Kuwait, as other Gulf economies, needs to diversify away from oil/energy to deal with effects of lower oil prices. But reform is very slow. - via Twitter
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Saturday, February 7, 2015
Nouriel Roubini: China Slowdown May Be Sharp
Feb. 4 -- Roubini Global Economics Chairman Nouriel Roubini discusses the slowing Chinese economy on “In The Loop.”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Friday, February 6, 2015
Roubini: Greece Won’t Rule Out Russian Financial Aid
Feb. 4 -- Roubini Global Economics Chairman Nouriel Roubini discusses his outlook for Greece. He speaks on “In The Loop.”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Thursday, February 5, 2015
Roubini: Fundamentals Suggest Gradual Oil Price Increase
Feb. 4 -- Bloomberg’s Isaac Arnsdorf reports on the impact of low oil
prices on shale oil producers. Roubini Global Economics Chairman Nouriel
Roubini also speaks on “In The Loop.”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Wednesday, February 4, 2015
Roubini: Tax the Rich to Solve Income Inequality
Feb. 4 -- Nouriel Roubini, chairman at Roubini Global Economics, talks
with Betty Liu about the problem of income inequality. He speaks on “In
The Loop.”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Bitcoin was the world’s worst-performing currency in 2014, its value falling by almost 60%
One result of this global monetary-policy activism has been a rebellion among pseudo-economists and market hacks in recent years. This assortment of “Austrian” economists, radical monetarists, gold bugs, and Bitcoin fanatics has repeatedly warned that such a massive increase in global liquidity would lead to hyperinflation, the US dollar’s collapse, sky-high gold prices, and the eventual demise of fiat currencies at the hands of digital krypto-currency counterparts.
None of these dire predictions has been borne out by events. Inflation is low and falling in almost all advanced economies; indeed, all advanced-economy central banks are failing to achieve their mandate – explicit or implicit – of 2% inflation, and some are struggling to avoid deflation. Moreover, the value of the dollar has been soaring against the yen, euro, and most emerging-market currencies. Gold prices since the fall of 2013 have tumbled from $1,900 per ounce to around $1,200. And Bitcoin was the world’s worst-performing currency in 2014, its value falling by almost 60%.
Read more at http://www.project-syndicate.org/commentary/unconventional-monetary-policies-and-fiscal-stimulus-by-nouriel-roubini-2015-02#KaX8xT61WvvPVTjS.99
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Labels:
Bitcoin
Monday, February 2, 2015
Nouriel Roubini: On Secular Stagnation
Nouriel Robin: On Secular Stagnation: “Who would have thought that six years after…
…advanced economies would still be swimming in an alphabet soup… of unconventional monetary policies?… Just in the last year and a half, the European Central Bank adopted its own version of FG, then moved to ZIRP, and then embraced CE, before deciding to try NDR…. One result of this global monetary-policy activism has been a rebellion among pseudo-economists and market hacks… ‘Austrian’ economists, radical monetarists, gold bugs, and Bitcoin fanatics… repeatedly warned that such a massive increase in global liquidity would lead to hyperinflation, the US dollar’s collapse, sky-high gold prices, and the eventual demise of fiat currencies at the hands of digital krypto-currency counterparts. None of these dire predictions has been borne out….
Most of the doomsayers have barely any knowledge of basic economics. But that has not stopped their views from informing the public debate…. Unemployed workers… chasing too few available jobs… trade and globalization… labor-saving technological innovations… squeezing workers’ jobs and incomes…. Slack in real-estate markets where booms went bust…. North America’s shale-energy revolution has weakened oil and gas prices…. China’s slowdown has undermined demand for a broad range of commodities… a global glut of manufactured and industrial goods…. Rising income inequality, by redistributing income from those who spend more to those who save more, has exacerbated the demand shortfall. So has the asymmetric adjustment between over-saving creditor[s]… and over-spending debtor[s]….
Perhaps more important has been a profound mismatch with fiscal policy. To be effective, monetary stimulus needs to be accompanied by temporary fiscal stimulus, which is now lacking in all major economies…. With long-term interest rates close to zero in most advanced economies (and in some cases even negative), the case for infrastructure spending is indeed compelling…. All of this adds up to a recipe for continued slow growth, secular stagnation, disinflation, and even deflation…. In the absence of appropriate fiscal policies… unconventional monetary policies will remain a central feature of the macroeconomic landscape.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Sunday, February 1, 2015
An Unconventional Truth by Nouriel Roubini
NEW YORK – Who would have thought that six years after the global financial crisis, most advanced economies would still be swimming in an alphabet soup – ZIRP, QE, CE, FG, NDR, and U-FX Int – of unconventional monetary policies? No central bank had considered any of these measures (zero interest rate policy, quantitative easing, credit easing, forward guidance, negative deposit rate, and unlimited foreign exchange intervention, respectively) before 2008. Today, they have become a staple of policymakers’ toolkits.
Indeed, just in the last year and a half, the European Central Bank adopted its own version of FG, then moved to ZIRP, and then embraced CE, before deciding to try NDR. In January, it fully adopted QE. Indeed, by now the Fed, the Bank of England, the Bank of Japan, the ECB, and a variety of smaller advanced economies’ central banks, such as the Swiss National Bank, have all relied on such unconventional policies.
One result of this global monetary-policy activism has been a rebellion among pseudo-economists and market hacks in recent years. This assortment of “Austrian” economists, radical monetarists, gold bugs, and Bitcoin fanatics has repeatedly warned that such a massive increase in global liquidity would lead to hyperinflation, the US dollar’s collapse, sky-high gold prices, and the eventual demise of fiat currencies at the hands of digital krypto-currency counterparts.
None of these dire predictions has been borne out by events. Inflation is low and falling in almost all advanced economies; indeed, all advanced-economy central banks are failing to achieve their mandate – explicit or implicit – of 2% inflation, and some are struggling to avoid deflation. Moreover, the value of the dollar has been soaring against the yen, euro, and most emerging-market currencies. Gold prices since the fall of 2013 have tumbled from $1,900 per ounce to around $1,200. And Bitcoin was the world’s worst-performing currency in 2014, its value falling by almost 60%.
Read more at http://www.project-syndicate.org/commentary/unconventional-monetary-policies-and-fiscal-stimulus-by-nouriel-roubini-2015-02#7lRAGkR7E6uxPbj7.99
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Indeed, just in the last year and a half, the European Central Bank adopted its own version of FG, then moved to ZIRP, and then embraced CE, before deciding to try NDR. In January, it fully adopted QE. Indeed, by now the Fed, the Bank of England, the Bank of Japan, the ECB, and a variety of smaller advanced economies’ central banks, such as the Swiss National Bank, have all relied on such unconventional policies.
One result of this global monetary-policy activism has been a rebellion among pseudo-economists and market hacks in recent years. This assortment of “Austrian” economists, radical monetarists, gold bugs, and Bitcoin fanatics has repeatedly warned that such a massive increase in global liquidity would lead to hyperinflation, the US dollar’s collapse, sky-high gold prices, and the eventual demise of fiat currencies at the hands of digital krypto-currency counterparts.
None of these dire predictions has been borne out by events. Inflation is low and falling in almost all advanced economies; indeed, all advanced-economy central banks are failing to achieve their mandate – explicit or implicit – of 2% inflation, and some are struggling to avoid deflation. Moreover, the value of the dollar has been soaring against the yen, euro, and most emerging-market currencies. Gold prices since the fall of 2013 have tumbled from $1,900 per ounce to around $1,200. And Bitcoin was the world’s worst-performing currency in 2014, its value falling by almost 60%.
Read more at http://www.project-syndicate.org/commentary/unconventional-monetary-policies-and-fiscal-stimulus-by-nouriel-roubini-2015-02#7lRAGkR7E6uxPbj7.99
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Art is used for Tax avoidance and Money Laundering
From the FT:
“Whether we like it or not, art is used for tax avoidance and evasion,” Prof Roubini said. “It can be used for money laundering. You can buy something for half a million, not show a passport, and ship it. Plenty of people are using it for laundering.”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Friday, January 30, 2015
Roubini Debate : If China does well it’s good for India & If India does well it’s good for China
World Economic Forum Annual Meeting 2015 on the theme India's Next Decade How will the world's most populous democracy revive and accelerate economic modernization, growth and job creation? This session was developed in partnership with NDTV.
Speakers: Hari S. Bhartia, Nouriel Roubini, Arun Jaitley, Vikram Chandra, Chanda Kochhar
India is once again on track economically compared to its position last year. This change is due to a favourable macroeconomic environment and the Modi government’s ambitious programme of reform. Liberalization and structural change is improving investor confidence. Still, for India to achieve its growth potential, the Modi government must doggedly follow its agenda and not be derailed by competing political and social interests.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Thursday, January 29, 2015
Roubini on Ten Trends in Global Economy
Jan. 21 -- Nouriel Roubini, chairman of Roubini Global Economics LLC and a professor at New York University's Stern School of Business . NOURIEL ROUBINI: Popularly known as Dr. Doom, which was the title of a profile in The New York Times Magazine in August of 2008 , Having been among the few to predict that the collapse of the U.S. housing market would lead to a global financial crisis years before disaster struck
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Wednesday, January 28, 2015
Davos 2015: Nouriel Roubini targets Art Market for criticism
Regulation is needed in the global art market because it is vulnerable to money laundering, tax evasion, trading on inside information and price manipulation, according to one of the world's most respected economists.
Professor Nouriel Roubini, an economist at New York University's Stern School and himself an art collector, said the market had to regulate itself or be subjected to external regulation because it had weaknesses that would not be allowed in other kinds of financial markets, such as equities.
"Whether we like it or not, art is used for tax avoidance and evasion," Prof Roubini said. "It can be used for money laundering. You can buy something for half a million, not show a passport, and ship it. Plenty of people are using it for laundering."
read more @ http://www.euro2day.gr/ftcom_en/article-ft-en/1296408/davos-2015-nouriel-roubini-targets-art-market-for.html
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Labels:
Art Market,
Davos
Tuesday, January 27, 2015
Roubini: Income Inequality Creates U.S. Plutocracy
Jan. 21 -- NYU Stern School of Business Professor Nouriel Roubini, talks
about income inequality in the United States. He speaks with Tom Keene
from the World Economic Forum in Davos, Switzerland on “Bloomberg
Surveillance.”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Monday, January 26, 2015
Roubini: Fed May Tighten Early, Posing Risk of New Crisis
Economist Nouriel Roubini sees U.S. labor market improving faster than
Fed expected but worries about untested macroprudential policies, and
China slowdown.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Sunday, January 25, 2015
Roubini: QE not enough for Eurozone
Economist Nouriel Roubini, known for predicting the global financial crisis of 2008, spoke to CNN's Nina dos Santos on why he thinks the Eurozone is more fragile than the US.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Saturday, January 24, 2015
Roubini: Crisis Is `Not Over' in Global Economy
Jan. 21 -- Nouriel Roubini, chairman of Roubini Global Economics LLC and
a professor at New York University's Stern School of Business, talks
about financial markets, the global economy and oil prices.
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Roubini: Deflation Needs Monetary, Fiscal Policy
Jan. 21 -- NYU Stern School of Business Professor Nouriel Roubini, discusses the need for a combination of monetary and fiscal policy in the fight against deflation. He speaks with Tom Keene from the World Economic Forum in Davos, Switzerland on “Bloomberg
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Friday, January 23, 2015
Nouriel Roubini: Deflation Needs Monetary, Fiscal Policy
Jan. 21 -- NYU Stern School of Business Professor Nouriel Roubini,
discusses the need for a combination of monetary and fiscal policy in
the fight against deflation. He speaks with Tom Keene from the World
Economic Forum in Davos, Switzerland on “Bloomberg Surveillance.”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Labels:
Deflation
Thursday, January 22, 2015
Davos 2015: Nouriel Roubini says Income Inequality Creates U.S. Plutocracy
Jan. 21 -- NYU Stern School of Business Professor Nouriel Roubini, talks
about income inequality in the United States. He speaks with Tom Keene
from the World Economic Forum in Davos, Switzerland on “Bloomberg
Surveillance.”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Wednesday, January 21, 2015
Nouriel Roubini talks about Deflation from Davos
Nouriel Roubini: SNB Signals Last Line Against Deflation May Fail
Jan. 21 -- NYU Stern School of Business Professor Nouriel Roubini, talks about deflation in light of the action taken last week by the Swiss National Bank. He speaks with Tom Keene from the World Economic Forum in Davos, Switzerland on “Bloomberg Surveillance.”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Jan. 21 -- NYU Stern School of Business Professor Nouriel Roubini, talks about deflation in light of the action taken last week by the Swiss National Bank. He speaks with Tom Keene from the World Economic Forum in Davos, Switzerland on “Bloomberg Surveillance.”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Roubini Explains The Right Fiscal Policies
Nouriel Roubini, professor at NYU's Stern School of Business, noted in a
recent column : "The right policies – less fiscal austerity in the
short run, more public investment spending, and less reliance on
monetary easing – are the opposite of those that have been pursued by
the world’s major economies. No wonder global growth keeps on
disappointing."
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
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